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Ruentex Development Co (TPE:9945) Cyclically Adjusted Book per Share : NT$26.31 (As of Jun. 2024)


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What is Ruentex Development Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Ruentex Development Co's adjusted book value per share for the three months ended in Jun. 2024 was NT$36.532. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$26.31 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Ruentex Development Co's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ruentex Development Co was 19.50% per year. The lowest was 14.30% per year. And the median was 16.30% per year.

As of today (2024-09-21), Ruentex Development Co's current stock price is NT$47.50. Ruentex Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$26.31. Ruentex Development Co's Cyclically Adjusted PB Ratio of today is 1.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ruentex Development Co was 2.71. The lowest was 0.75. And the median was 1.51.


Ruentex Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ruentex Development Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ruentex Development Co Cyclically Adjusted Book per Share Chart

Ruentex Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.61 16.87 21.11 22.97 25.17

Ruentex Development Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.66 25.04 25.17 25.88 26.31

Competitive Comparison of Ruentex Development Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Ruentex Development Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ruentex Development Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ruentex Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ruentex Development Co's Cyclically Adjusted PB Ratio falls into.



Ruentex Development Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Ruentex Development Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=36.532/132.5538*132.5538
=36.532

Current CPI (Jun. 2024) = 132.5538.

Ruentex Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 17.700 100.428 23.362
201412 10.119 99.070 13.539
201503 11.428 99.621 15.206
201506 8.584 100.684 11.301
201509 8.741 100.392 11.541
201512 10.152 99.792 13.485
201603 11.504 100.470 15.178
201606 11.673 101.688 15.216
201609 12.306 101.861 16.014
201612 11.416 101.863 14.856
201703 11.798 102.862 15.204
201706 13.287 103.349 17.042
201709 14.864 104.136 18.920
201712 17.102 104.011 21.795
201803 20.303 105.290 25.560
201806 19.633 106.317 24.478
201809 15.911 106.507 19.802
201812 10.900 105.998 13.631
201903 19.639 107.251 24.272
201906 24.285 108.070 29.787
201909 29.024 108.329 35.514
201912 28.539 108.420 34.892
202003 21.736 108.902 26.457
202006 31.933 108.767 38.916
202009 33.888 109.815 40.905
202012 47.054 109.897 56.755
202103 33.177 111.754 39.352
202106 38.106 114.631 44.064
202109 37.423 115.734 42.862
202112 48.300 117.630 54.428
202203 25.151 121.301 27.484
202206 9.910 125.017 10.507
202209 7.416 125.227 7.850
202212 27.800 125.222 29.428
202303 30.373 127.348 31.615
202306 32.463 128.729 33.428
202309 29.999 129.860 30.621
202312 33.320 129.419 34.127
202403 36.375 131.776 36.590
202406 36.532 132.554 36.532

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Ruentex Development Co  (TPE:9945) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ruentex Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.50/26.31
=1.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ruentex Development Co was 2.71. The lowest was 0.75. And the median was 1.51.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ruentex Development Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ruentex Development Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ruentex Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Bade Road, 11th Floor-1, Section 2, Zhongshan District, Taipei, TWN, 104
Ruentex Development Co Ltd is a Taiwan-based company involved in the construction business. The company's reportable segments include Construction Business Department, Commercial Real Estate, Building Materials, and Wholesale. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

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